The U.S. coffee machine market size was estimated at USD 9.37 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. Increased consumption of coffee, particularly in Asian countries, and the launch of new products, such as green and organic coffee, are key factors contributing to the growth of the market. The rising consumption of coffee can be attributed to growing awareness of some of the health benefits of coffee, such as reduced risk of liver cancer, type 2 diabetes, liver disease, and heart failure
Read More »July 12, 2023
The global coffee machine market size was valued at USD 6.41 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030. Increased consumption of coffee in Asian countries is one of the key factors driving the growth. In addition, the launch of new products, such as green and organic coffee, is anticipated to result in major consumption, thus contributing to market growth.
Read More »July 28, 2023
The global capsule coffee machine market size was valued at USD 1.67 billion in 2024 and is expected to grow at a CAGR of 3.3% from 2025 to 2030. The market growth can be credited to the increasing demand for convenience and efficiency in coffee preparation. Capsule coffee machines offer a quick and easy way to brew a perfect cup of coffee with minimal effort, which makes them highly popular among consumers. The market has benefited from the rising trend of home brewing, as more people seek to replicate the café experience in their own homes.
Read More »October 30, 2024
The Europe vending machine market size was valued at USD 22.11 billion in 2024 and is projected to grow at a CAGR of 4.7% from 2025 to 2030. The rising demand for convenient snack and beverage options, driven by hectic lifestyles, is fueling the growth of the vending machine industry in European countries.
Read More »November 26, 2024
The global chicory coffee market size was estimated at USD 216.61 million in 2023 and is projected to grow at a CAGR of 6.5% from 2024 to 2030.Chicory coffee is gaining popularity due to several health benefits and its role as a coffee substitute. It is a good source of inulin, a prebiotic fiber that supports gut health and weight loss. It also contains nutrients like manganese and vitamin B6, which are linked to brain health. Chicory root's anti-inflammatory properties, observed in animal studies, suggest potential benefits for reducing inflammation.
Read More »July 31, 2024
The global retail vending machine market size was valued at USD 51.91 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 10.7% from 2022 to 2030. Increasing demand for on-the-go snacks and beverages due to the hectic lifestyles of consumers is boosting product sales through vending machines. The industry growth can also be attributed to the ability of these machines to deliver goods quickly, making it an extremely convenient option for consumers.
Read More »July 13, 2022
The global ready to drink tea and coffee market size was estimated at USD 103.62 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030. The increasing prevalence of on-the-go consumption, particularly among the urban population and younger demographic, has significantly contributed to its market growth
Read More »July 18, 2023
The Europe glass prefilled syringes and glass vials packaging equipment market size was estimated at USD 202.9 million in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 5.5% from 2023 to 2030. The rising healthcare expenditure and the surging demand for drug delivery systems in Europe are the factors expected to fuel the growth of the market.
Read More »July 7, 2023
The demand for green coffee is expected to increase significantly in the coming years. The growing demand for green coffee is due to its potential health benefits, ranging from helping in weight loss to controlling blood pressure and cholesterol levels for diabetic patients. Moreover, the rising demand for plant-based dietary options, coupled with the growing appreciation for specialty coffee varieties, has further fueled the market. As consumers become increasingly health-conscious and seek unique, natural, and sustainable choices, green coffee has emerged as a preferred option with its multifaceted benefits.
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The global plastic processing machinery market size was estimated at USD 23.22 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. The growing importance of lightweight materials in the automotive sector is expected to expand the usage of plastic materials in component manufacturing, thus driving market growth. The automotive application segment holds a significant share of the market. Plastic processing machines are used to produce a range of vehicle components, such as their exterior body panels, spoilers, bumpers, dashboards, and electrical housings
Read More »October 23, 2023